LOAN AGREEMENTLoan Agreement • March 30th, 2012 • Jacksonville Bancorp Inc /Fl/ • State commercial banks
This Loan Agreement is dated as of , and is between JACKSONVILLE BANCORP, INC., a Florida corporation (the “Borrower”), and , (the “Lender”).
REVOLVING LOAN NOTERevolving Loan Note • March 30th, 2012 • Jacksonville Bancorp Inc /Fl/ • State commercial banks • Florida
This Revolving Loan Note evidences the Revolving Loans and other indebtedness incurred by the Borrower under and pursuant to the Loan Agreement, to which reference is hereby made for a statement of the terms and conditions under which the Revolving Loan Maturity Date or any payment hereon may be accelerated. The holder of this Revolving Loan Note is entitled to all of the benefits and security provided for in the Loan Agreement. All Revolving Loans shall be repaid by the Borrower on the Revolving Loan Maturity Date, unless payable sooner pursuant to the provisions of the Loan Agreement. Principal and interest are to be paid to the Lender as provided in the Loan Agreement.
